Sysdig
Unicorn Β· $2.5BFounded 2013 Β· 569 employees on LinkedIn Β· 15 known investors
Sysdig provides cloud-native security across the cloud lifecycle, offering real-time runtime threat detection, vulnerability management, and an AI agent that embeds security inside AI coding platforms. It serves development and security teams, including organizations in heavily regulated industries.
Also known as draios Β· Sysdig, Inc.
Founders & leadership
Sysdig was founded in 2013 by Loris Degioanni.
Investors Β· 15
Also in the syndicate Β· 4
Valuation Β· disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed β follow each entry's link for the claim.
Company profile
researched Aug 2026Sysdig, Inc. is a cloud security vendor whose Sysdig Secure platform is a cloud-native application protection platform (CNAPP) unifying prevention, detection, and response across containers and Kubernetes, identities, workloads, and cloud services. The platform's core premise is runtime visibility: rather than inferring risk from configurations, code, and cloud APIs alone, Sysdig captures live system calls at the Linux kernel level to determine what is actually executing, and uses that signal to distinguish exploitable risk from theoretical risk. Product areas listed by the company include cloud security posture management (CSPM), cloud infrastructure entitlement management (CIEM), vulnerability management, container workload protection, container and Kubernetes security, cloud detection and response, data security posture management, AI workload security, and on-premises/air-gapped and private cloud security.
Platform components include the Cloud Attack Graph (risk prioritization and attack-path mapping across resources), Resource 360 and inventory search for unified asset visibility, agent and agentless deployment options, and real-time detections combining drift control, machine learning, and Falco rules maintained by the Sysdig Threat Research Team. A more recent layer, Sysdig Secure AI, adds a GenAI Assistant for natural-language questions and guidance, autonomous "agentic" workflows, and "headless cloud security" in which customers compose security workflows through their own AI agents via curated agent skills and an MCP server rather than the vendor's UI.
Sysdig also maintains a substantial open source footprint. It created the sysdig OSS system-visibility/DFIR tool (Apache 2.0 licensed, hosted on GitHub under the draios organization) and Falco, which it contributed to the CNCF; it co-develops and supports Wireshark and Stratoshark, and supports ecosystem projects including eBPF and Prometheus. The company reports contributing 500+ detection rules and 150,000 lines of code to the CNCF.
Founding story
Founder Loris Degioanni, a computer engineering PhD from Politecnico di Torino, collaborated with Wireshark creator Gerald Combs and developed WinPcap, which brought Wireshark to Windows. In 2013 he founded Sysdig to give developers and defenders visibility into what is actually running, starting as an open source project providing deep, system call-level introspection into containers before growing into a commercial platform.
Business model
Commercial SaaS security software built on an open source foundation: free open source projects (sysdig OSS, Falco, Stratoshark, Wireshark support) sit alongside the paid Sysdig Secure platform, historically also Sysdig Monitor. The company sells to enterprises and, as of late 2021, moved all deals outside the Global 500 to an indirect/partner motion.
Subscription/recurring revenue from the Sysdig platform; the company disclosed annual recurring revenue metrics and net revenue retention in 2021, indicating a per-customer subscription model with expansion.
Traction
As of December 2021 the company reported nearly 700 customers (up 140% year over year), 149% annual net revenue retention in the most recent quarter, average ARR above $875,000 across its top 50 customers, security annualized revenue run rate more than tripling in 12 months, a 300% increase in Sysdig Secure sales over 12 months, SaaS hosting locations expanded from nine to 16, and Falco downloads exceeding 37 million (up 335% since becoming a CNCF incubating project in January 2020). The sysdig OSS GitHub repository shows roughly 8,300 stars and 753 forks. Marketing materials cite customer outcomes of 95% time saved on vulnerability management, 98% reduction in vulnerability noise, 6:1 tool consolidation, 20% time savings, and threat detection in under two seconds.
Latest developments
Current site materials center on Sysdig Secure AI, comprising Headless Cloud Security (workflows driven by customers' own AI agents), Sysdig Agentic AI (autonomous agents pursuing customer-defined outcomes), and the Sysdig GenAI Assistant, plus curated agent skills and an MCP server that connect the platform to third-party AI coding and security agents. Sysdig was named a Leader in The Forrester Wave: Cloud Native Application Protection Solutions, Q1 2026, and publishes a 2026 Cloud-Native Security and Usage Report and AI workload security guidance. The company also launched an open source community program unifying Falco, sysdig OSS, Wireshark, and Stratoshark.
βΈFull profile β market position, technology, go-to-market, geography, history, risks & controversies
Market position
Positioned in the CNAPP/cloud detection and response market. Sysdig was named a Leader in The Forrester Wave: Cloud Native Application Protection Solutions, Q1 2026 (evaluated among 14 providers) and cites recognition as a Gartner Peer Insights Customers' Choice for CNAPP with 99% of customers recommending it. In August 2021 it was named a Representative Provider in Gartner's Innovation Insight for Cloud-Native Application Protection Platforms report. In 2021 it described itself as a unified container and cloud security leader with a $2.5B valuation.
Emphasis on runtime intelligence derived from live kernel-level syscall data as the basis for prioritization and AI reasoning, versus platforms built on configuration, code, and cloud API context; deep open source lineage (sysdig OSS, Falco in the CNCF, Wireshark, Stratoshark); an in-house Threat Research Team publishing cloud attack research (e.g., JADEPUFFER, SCARLETEEL) whose expertise is packaged as agent skills; and openness of the platform to customers' own AI agents through skills and an MCP server.
Technology
Kernel-level system call capture using eBPF drivers (Sysdig states it was first to ship commercial and OSS security drivers using eBPF), the Falco runtime detection engine, machine learning and drift control for real-time detection, a Cloud Attack Graph for risk correlation and attack path analysis, agentless cloud posture scanning plus a runtime agent that filters vulnerabilities in unused packages, and an AI layer comprising a GenAI Assistant, autonomous agents, curated agent skills, and an MCP server.
Go-to-market
Direct enterprise sales complemented by a partner program β from November 1, 2021 all deals outside the Global 500 were announced as indirect β plus cloud provider alliances with AWS, Google Cloud, Microsoft Azure, IBM Cloud, Red Hat, and SUSE Rancher, and open source community-led adoption via Falco and sysdig OSS that funnels users toward the commercial platform. Marketing assets include demos, threat research, annual cloud-native security and usage reports, and analyst recognition.
Enterprise security teams, security operations, and developers running containers, Kubernetes, and multi-cloud workloads; named or cited users include Commerce, JumpCloud, Apree Health, Automox, Syfe, and Worldpay.
Geography
Headquartered in San Francisco. As of December 2021 the company reported employees across five global offices and in more than 20 countries, 16 SaaS hosting locations (up from nine, including an Australia region added in 2021), and stated plans to accelerate expansion in Europe, the Middle East, Asia-Pacific, and South America. Founder Loris Degioanni is based in Davis, California.
History
Loris Degioanni, who had co-created Wireshark and developed WinPcap in the 1990s, founded Sysdig in 2013. The company published its innovation timeline as: sysdig OSS created in 2014 as the first tool for syscall-level introspection into containers; Falco created in 2016 and later contributed to the CNCF; Sysdig Secure built in 2017; eBPF-based security drivers developed in 2018; runtime insights for vulnerability prioritization and proactive IaC fixes via Git pull requests in 2021; a runtime-centric CNAPP, the Sysdig Sage AI assistant, and the 555 Benchmark for Cloud Detection & Response in 2023; agentic AI for CNAPP in 2025; and headless cloud security in 2026. Sysdig acquired Apolicy in August 2021, adding infrastructure-as-code security, and raised a $350M Series G in December 2021. Suresh Vasudevan was CEO at that time; the company is now led by CEO Hatem Naguib, previously CEO of Barracuda Networks.
Risks & controversies
No controversies are described in the available sources. The sources note competitive dynamics in a crowded CNAPP market (the Forrester evaluation covered 14 providers) and, in 2021, management stated it had no near-term plans to go public, citing a focus on scaling.
Compiled by commissioned research from 8 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Competitors Β· 10
by search overlapCompanies competing with Sysdig for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline Β· 11
launches, deals, and filingsSysdig states it was first to launch a cloud security platform built for AI agents, removing the need for dashboards and traditional user interfaces.
Sysdig introduced agentic AI in cloud security providing contextual, actionable guidance.
Per the company timeline, 2023 saw a unified CNAPP with runtime at the core, the Sysdig Sage AI assistant for cloud security workflows, and the 555 Benchmark for Cloud Detection & Response.
Series G led by Permira's growth fund, with Guggenheim Investments and existing investors participating, bringing total funding to $744 million and more than doubling the valuation in eight months. Proceeds earmarked for expansion in Europe, the Middle East, Asia-Pacific and South America, doubling headcount in 2022, and partner program investment.
$350M source β
Sysdig announced Karen Walker joined as Chief Financial Officer and Paul Whitney as Chief Human Resources Officer, alongside the Series G announcement.
Acquisition of Apolicy added infrastructure-as-code (IaC) security to the Sysdig platform, followed by guided remediation for IaC manifests and integrations with GitHub, GitLab, Azure DevOps, and Bitbucket.
Sysdig was recognized as a Representative Provider in the 2021 Gartner Innovation Insight for Cloud-Native Application Protection Platforms report.
Over roughly a year Sysdig expanded SaaS hosting regions from nine to 16, including adding Australia.
Sysdig created Falco, described as the first runtime security project accepted by the CNCF.
sysdig OSS released as a tool for system call-level introspection into containers.
Sysdig was named a Leader in the Forrester Wave for Cloud Native Application Protection Solutions, Q1 2026, an evaluation covering 14 providers.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
βΈResearch sources Β· 8
primary sources listed
- Sysdigsysdig.com Β· web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Sysdig do?
- Sysdig sells a runtime-centric cloud-native application protection platform built on its Falco and sysdig open source projects.
- Who founded Sysdig?
- Sysdig was founded by Loris Degioanni in 2013.
- Who are Sysdig's investors?
- Sysdig's investors include Accel, Premji Invest, Third Point Ventures, Bain Capital Ventures, Permira, Bright Pixel Capital, Glynn Capital Management, Insight Partners and 3 more.


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